Anika Foundation speech reveals RBA thoughts

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29 July 2015

 

The Anika Foundation speech given by the RBA governor typically focuses on longer term issues but is capable of addressing the issues which may have current relevance. This year’s speech touched on what is considered to be trend growth and the question he, and presumably the RBA as a whole, are asking is whether current trend growth is less than the consensus estimate of 3% to 3.25%. Perhaps “trend output...

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